Iwata Addresses Mobile Game Competition, Microtransactions

Kyle Orland of Gamasutra writes: As party of a wide-ranging Q&A session accompanying Nintendo's latest earnings report, company president Satoru Iwata addressed topics ranging from competition from mobile games to the use of microtransactions in Nintendo-developed games. Iwata also used the question and answer session to address many concerns about the 3DS, including how the system's recent price drop would impact the hardware's profitability and the perceptions of the Wii U's price stability.